Scotts Miracle-Gro (SMG) Director Brian Sandoval Receives Award

What Happened
Brian E. Sandoval, a director of Scotts Miracle‑Gro Co. (SMG), was granted a derivative award totaling 179 units on September 4, 2026. The filing lists this as an award/acquisition (Code A) of derivative securities (no dollar price disclosed). This is a compensation grant (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-09-04. Price: N/A (grant of derivative securities).
• Amount: 179 derivative units (reported as shares-equivalent).
• Shares owned after the transaction: not specified in the filing.
• Footnote: Dividend equivalent rights accrued on DSU/RSU grants become exercisable proportionately with the underlying DSUs/RSUs; each dividend equivalent is the economic equivalent of one common share (Footnote F1).
• Filing date: 2026-09-09 — five days after the transaction, which is outside the typical 2-business-day Form 4 reporting window.

Context
This was an equity award (likely RSUs/DSUs and associated dividend equivalents) provided as compensation to a director. Such grants are routine corporate compensation and do not by themselves indicate buying or selling sentiment. For retail investors, purchases are often viewed as stronger signals than awards; derivative awards mainly reflect pay arrangements and may vest or convert into shares later per the plan terms.